How to withdraw with PayNow? 💰
Click on your balance and select withdraw.
Select PayNow as your withdrawal method (you need to have a verified bank account to see this option).
Add the amount you want to request.
Your default PayNow account is automatically selected.
Click Confirm & Withdraw.
All Set. The Withdrawal Details will be shown to you immediately.
What are the limits for a PayNow withdrawal? 💸
Minimum withdrawal: SGD 50
Maximum per withdrawal request: SGD 5,000
Maximum daily withdrawal limit: SGD 30,000
Is there a withdrawal fee? 💱
Yes, there is a 1% returnable fee that applies in every withdrawal request. This fee is returned to you through Daily Rebates at 7 PM SGT.
How long does a PayNow withdrawal take? ⌚
Processing time is 15 minutes.
Why choose PayNow? 🚀
PayNow withdrawals are processed faster, within 15 minutes, while bank withdrawals can take up to 1 hour.
It is more stable and secure, as PayNow is directly linked to your verified bank account.
How do I verify my PayNow account? 🏦
You should have a bank account verified before verifying your PayNow account.
If you do not have one verified yet, make sure to do so here.
Click on your profile icon and select Verification.
Select Add PayNow.
You'll then be asked to fill out your PayNow Identifier (Mobile number, NRIC/FIN or VPA) and your PayNow Nickname.
Click on Create PayNow Account.